Meiko Construction Co (NGO:1869) Inventory Turnover: 137.89 (As of Mar. 2026)

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NGO:1869 Meiko Construction Co Ltd NGO:1869
66 GF Score
Price 円1,898.00
GF Value 円1,414.40
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Meiko Construction Co Inventory Turnover?

Meiko Construction Co NGO:1869 -0.42% 66 Inventory Turnover is 137.89 as of Mar. 2026. GuruFocus rates NGO:1869 with a GF Score™ of 66/100 and a GF Value™ of 円1,414.40 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Meiko Construction Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円44,951 Mil. Meiko Construction Co's Average Total Inventories for the quarter that ended in Mar. 2026 was 円326 Mil. Meiko Construction Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 137.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Meiko Construction Co's Days Inventory for the six months ended in Mar. 2026 was 1.32.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Meiko Construction Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.01.

Meiko Construction Co  (NGO:1869) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Meiko Construction Co's Days Inventory for the six months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=326/44951*365 / 2
=1.32

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Meiko Construction Co's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=326 / 53020
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Meiko Construction Co Inventory Turnover Related Terms

Meiko Construction Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Meiko Construction Co's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Meiko Construction Co Inventory Turnover Chart

Meiko Construction Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 144.03 256.31 338.17 367.45 388.60

Meiko Construction Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 122.57 112.42 166.01 126.96 137.89
NGO:1869
66GF Score
Meiko Construction Co Ltd NGO:1869
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Meiko Construction Co Inventory Turnover Calculation

Meiko Construction Co's Inventory Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Inventory Turnover (A: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2026 ) / ((Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count )
=83355 / ((191 + 238) / 2 )
=83355 / 214.5
=388.60

Meiko Construction Co's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=44951 / ((414 + 238) / 2 )
=44951 / 326
=137.89

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 137.89 mean?
Meiko Construction Co (NGO:1869) has a Inventory Turnover of 137.89 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Meiko Construction Co and its competitors.
Is Meiko Construction Co's Inventory Turnover too high?
Meiko Construction Co's current Inventory Turnover is 137.89. Overall, Meiko Construction Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiko Construction Co's Inventory Turnover compare to DHI and PHM?
Meiko Construction Co's Inventory Turnover of 137.89 can be compared against companies in the Homebuilding & Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Homebuilding & Construction company?
A good Inventory Turnover depends on the Homebuilding & Construction industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Meiko Construction Co and its competitors. Meiko Construction Co's current Inventory Turnover is 137.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiko Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Meiko Construction Co (NGO:1869) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,414.40, compared to a current price of 円1,898.00 — trading 34.2% above its estimated fair value. The current Inventory Turnover is 137.89. Meiko Construction Co's overall GF Score™ is 66/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Meiko Construction Co (NGO:1869), the current Inventory Turnover is 137.89 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Meiko Construction Co (NGO:1869) Overvalued in 2026?

Based on GuruFocus' analysis, Meiko Construction Co stock appears to be overvalued. The current stock price of 円1,898.00 is trading 34.2% above its estimated GF Value™ of 円1,414.40. GuruFocus considers Meiko Construction Co to be Significantly Overvalued.

Key valuation signals for NGO:1869:

  • Inventory Turnover: 137.89
  • GF Value™: 円1,414.40 vs. price of 円1,898.00 (34.2% above fair value)
  • GF Score™: 66/100 with 4 warning signs

No single metric tells the full story. See the NGO:1869 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Meiko Construction Co Business Description

Address 1-1-4 Meieki, JR Central Towers 34 Floor, Nakamura-ku, Nagoya, JPN, 450-6113
Meiko Construction Co Ltd is engaged in the construction industry. The company undertakes contract for civil works, construction work, track construction and construction work of the facility construction, supervision, planning, design, surveying and consulting. The company is also involved in the buying and selling of houses and real estate, lease, and brokerage. Construction materials on rental, warehousing, and management of education and cultural facilities are additional activities done by the company.
66GF Score

Get the complete analysis for NGO:1869

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,898.00
Price
円1,414.40
GF Value